Energizer Q1 net sales fall 6.3% to $716.6 million; FY2024 outlook reaffirmed
Energizer Holdings reported fiscal first-quarter 2024 results for the quarter ended December 31, 2023, with net sales down 6.3% to $716.6 million and GAAP diluted EPS of $0.03, versus $0.68 a year earlier. The company reaffirmed its fiscal 2024 outlook and raised its Project Momentum savings estimate, but a $21.0 million Argentina currency loss and higher SG&A weighed on profit.
Key points
- Net sales were $716.6 million versus $765.1 million, down 6.3%; organic net sales fell 7.4%.
- Adjusted diluted EPS was $0.59 versus $0.72 a year earlier; GAAP diluted EPS was $0.03 versus $0.68.
- Fiscal 2024 Adjusted EPS outlook of $3.10 to $3.30 and Adjusted EBITDA outlook of $600 million to $620 million were reaffirmed.
- Project Momentum savings estimate was raised to $160 million to $180 million from $130 million to $150 million.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2024.
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